Ethereum to Partner with Amazon- A Long Awaited Cryprocurrency Catalyst

Ethereum has had an amazing year.  While Bitcoin has surged 50%, Ethereum has more than doubled to $260, and has retaken the #2 cryptocurrency spot from Ripple's XRP.  Ethereum may be chosen to partner with Amazon, which is a dream scenario for Etheteum and the cryprocurrency market at large.

Bitcoin has been rumored to be close to adoption by Amazon, the World's largest online retailer, for years.  CLIC Technology, a payment processor startup, has partnered with Opporty to create a browser extension similar to Metamask to use Ethereum to pay for Amazon services.  This is a potential game changer and massive catalyst for Ethereum.

Mass adoption is what is needed to push the cryprocurrency market above $300 billion.  The  Bitcoin and cryptocurrency rally of Q2 2019 has been a relief for investors, but we need mass adoption to continue.  According to Statista, Amazon had 127 million visitors monthly in 2017.  If hundreds of millions have the ability to use Ethereum to make their online purchases, the cryprocurrency market cap could exceed $1 trillion.  This is huge news.

Picture from Pixabay.

Resources:

https://www.statista.com/statistics/271450/monthly-unique-visitors-to-us-retail-websites/
 https://www.coindesk.com/two-startups-are-partnering-to-enable-amazon-purchases-with-ethereum

 https://coinmarketcap.com/

 https://pixabay.com/fr/illustrations/ethereum-monnaie-trading-3660218/